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OFF-MARKET
Land

0 2.58 Ac Commercial Lot Veterans Pkwy Murfreesboro, TN 38053

2.58 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.58-acre commercial land parcel presents a remarkable investment opportunity in Murfreesboro, Tennessee. Located on Veterans Parkway, directly adjacent to a Kroger grocery store, this property boasts a highly desirable location with exceptional visibility and accessibility. The land is zoned for commercial use, allowing for a wide range of development possibilities. The asking price is $1,500,000, translating to $13.35 per square foot. Its strategic position offers easy access to Interstate 840, ensuring convenient access for customers and employees. The property's proximity to Franklin Road and the established Kroger store guarantees high traffic volume and strong consumer presence. All utilities are readily available, simplifying the development process and minimizing upfront costs. This prime location, combined with its commercial zoning and convenient access to major roadways, makes this a truly exceptional opportunity for investors seeking high-return potential in a thriving market. The 2.58-acre lot size provides ample space for a variety of commercial developments, catering to diverse business needs. This is a rare chance to acquire a highly visible and strategically located commercial property in a rapidly growing area of Murfreesboro. The property's proximity to a major grocery store and its convenient access to major transportation arteries make it an ideal location for a wide range of commercial ventures.

Property profile
Verified
Property type Land
Lot 2.58 ac (112,385 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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